Why, and How, Utilities Should Start to Manage Climate-Change Risk
The cost of extreme weather is already high, and the frequency and the cost to life and property of extreme weather events has increased in recent years. A typical utility saw $1.4 billion in storm-damage costs and lost revenues due to outages caused by storms over a 20-year period. Active management of the natural environment can provide utilities and other infrastructure owners with protection against extreme weather.
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